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Xcel Energy
Overview
Xcel Energy was incorporated in 1909 and headquartered in Minneapolis, Minnesota. It is a major U.S.-regulated electric and natural gas delivery company. The Company serves customers in eight states, including portions of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. Xcel Energy provides a comprehensive portfolio of energy-related products and services to approximately 3.8 million electric customers and 2.1 million natural gas customers through four utility subsidiaries. Xcel Energy has a vast distribution network, owning and operating approximately 210,000 conductor miles of distribution lines across our eight-state service territory. In 2022, Xcel Energy had 11,982 full-time employees and generated 15,310 Million in revenue.
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Quick Facts
| Company Name | Xcel Energy |
|---|---|
| Industry | Energy & Utilities |
| HQ Address | Minneapolis, Minnesota, US |
| Revenue | $15,310 Million [2022] |
| Employee Size | 11982 |
| Company Type | Public |
| Fiscal Year-End | December 31st |
| Website | my.xcelenergy.com |
| Subsidiaries | Northern States Power Company (a Minnesota corporation), Xcel Energy Wholesale Group Inc., Xcel Energy Markets Holdings Inc., Xcel Energy Ventures Inc., Xcel Energy Retail Holdings Inc., Xcel Energy Communications Group Inc. and More |
| Locations | 8 Western and Midwestern states |
| Competitors | American Electric Power, Entergy, Edison International, Evaporcool, and Allete |
| Recognition & Awards | Xcel Energy was recognized with two Emergency Recovery Awards in 2020 for its outstanding efforts to restore service to customers after a Minnesota tornado in August 2020 and Winter Storm Billy in Texas in October 2020 |
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